Euro Effects on the Intensive and Extensive Margins of Trade
By Harry Flam, Håkan Nordström. Social Science Research Network, 2006
118 citations recorded by the source corpus.
We estimate that the euro has increased trade within the eurozone by about 26 per cent and trade between the eurozone and outsiders by about 12 per cent on average for the years 2002-2005 compared to 1995-1998. The percentage increases were smaller for products that were exported every year during the sample period than for products that were not, indicating significant and substantial effects on the extensive margin of trade. The euro effects were concentrated to semi-finished and finished products, in particular to industries with highly processed products such as pharmaceuticals and machinery.
Subfields: Economics and Econometrics, Finance, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/7f2d2bf1e499a2c54147934ab344a5d6feb4cc0c
Citations in the corpus
- Rose effect and the euro: is the magic gone? (2010, unknown): “This question is very attractive for welfare economists and policy makers: for instance, Frankel (2008b) uses his estimates to give Central and Eastern European countries advice on the timing of their admission to the eurozone; and Masson (2008), employing the result that “currency unions double tra”
- Currency unions in prospect and retrospect (2010, unknown): “Subsequent work on the euro effect, including Bun & Klaasen (2002, 2007), Flam & Nordstrom (2003, 2006), Baldwin & Taglione (2006), Baldwin et al. (2005), Gil-Pareja et al. (2008), and Baldwin (2006), among many others, have addressed various specification issues in Micco et al. (2003) (e.g., using…”
- Trade facilitation and the extensive margin (2013, unknown): “5 Examples of papers that have used disaggregated country-level trade data to measure the extensive (and sometimes intensive) margin include Dennis and Shepherd (2007), Cadot et al. (2007), Brenton and Newfarmer (2007), Evenett and Venables (2002), Flam and Nordstrom (2006) , Baldwin and Di Nino (2”